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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and POWELL INDUSTRIES INC (POWL). Click either name above to swap in a different company.

POWELL INDUSTRIES INC is the larger business by last-quarter revenue ($251.2M vs $156.4M, roughly 1.6× Figure Technology Solutions, Inc.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 16.5%, a 40.8% gap on every dollar of revenue.

Figure Technology Solutions, Inc. is a financial technology company in Reno, Nevada, United States. Established in 2018, it develops and operates blockchain-based platforms used in lending, capital markets, and asset management.

Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.

FIGR vs POWL — Head-to-Head

Bigger by revenue
POWL
POWL
1.6× larger
POWL
$251.2M
$156.4M
FIGR
Higher net margin
FIGR
FIGR
40.8% more per $
FIGR
57.3%
16.5%
POWL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FIGR
FIGR
POWL
POWL
Revenue
$156.4M
$251.2M
Net Profit
$89.6M
$41.4M
Gross Margin
28.4%
Operating Margin
33.7%
17.0%
Net Margin
57.3%
16.5%
Revenue YoY
4.0%
Net Profit YoY
19.1%
EPS (diluted)
$0.34
$3.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FIGR
FIGR
POWL
POWL
Q4 25
$251.2M
Q3 25
$156.4M
$298.0M
Q2 25
$286.3M
Q1 25
$278.6M
Q4 24
$241.4M
Q3 24
$275.1M
Q2 24
$288.2M
Q1 24
$255.1M
Net Profit
FIGR
FIGR
POWL
POWL
Q4 25
$41.4M
Q3 25
$89.6M
$51.4M
Q2 25
$48.2M
Q1 25
$46.3M
Q4 24
$34.8M
Q3 24
$46.1M
Q2 24
$46.2M
Q1 24
$33.5M
Gross Margin
FIGR
FIGR
POWL
POWL
Q4 25
28.4%
Q3 25
31.4%
Q2 25
30.7%
Q1 25
29.9%
Q4 24
24.7%
Q3 24
29.2%
Q2 24
28.4%
Q1 24
24.6%
Operating Margin
FIGR
FIGR
POWL
POWL
Q4 25
17.0%
Q3 25
33.7%
21.2%
Q2 25
21.0%
Q1 25
21.1%
Q4 24
14.7%
Q3 24
20.4%
Q2 24
19.9%
Q1 24
15.5%
Net Margin
FIGR
FIGR
POWL
POWL
Q4 25
16.5%
Q3 25
57.3%
17.3%
Q2 25
16.8%
Q1 25
16.6%
Q4 24
14.4%
Q3 24
16.7%
Q2 24
16.0%
Q1 24
13.1%
EPS (diluted)
FIGR
FIGR
POWL
POWL
Q4 25
$3.40
Q3 25
$0.34
$4.23
Q2 25
$3.96
Q1 25
$3.81
Q4 24
$2.86
Q3 24
$3.77
Q2 24
$3.79
Q1 24
$2.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FIGR
FIGR
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$1.1B
$500.8M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$668.9M
Total Assets
$2.2B
$1.1B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
POWL
POWL
Q4 25
$500.8M
Q3 25
$1.1B
$475.5M
Q2 25
$433.0M
Q1 25
$389.3M
Q4 24
$373.4M
Q3 24
$358.4M
Q2 24
$374.0M
Q1 24
$365.3M
Total Debt
FIGR
FIGR
POWL
POWL
Q4 25
Q3 25
$466.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FIGR
FIGR
POWL
POWL
Q4 25
$668.9M
Q3 25
$1.2B
$640.8M
Q2 25
$594.9M
Q1 25
$541.4M
Q4 24
$496.3M
Q3 24
$483.1M
Q2 24
$436.7M
Q1 24
$393.8M
Total Assets
FIGR
FIGR
POWL
POWL
Q4 25
$1.1B
Q3 25
$2.2B
$1.1B
Q2 25
$1.0B
Q1 25
$965.4M
Q4 24
$912.7M
Q3 24
$928.2M
Q2 24
$869.0M
Q1 24
$849.6M
Debt / Equity
FIGR
FIGR
POWL
POWL
Q4 25
Q3 25
0.40×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FIGR
FIGR
POWL
POWL
Operating Cash FlowLast quarter
$49.3M
$43.6M
Free Cash FlowOCF − Capex
$41.6M
FCF MarginFCF / Revenue
16.6%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.55×
1.05×
TTM Free Cash FlowTrailing 4 quarters
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
POWL
POWL
Q4 25
$43.6M
Q3 25
$49.3M
$61.1M
Q2 25
$47.4M
Q1 25
$22.4M
Q4 24
$37.1M
Q3 24
$-6.0M
Q2 24
$13.8M
Q1 24
$17.0M
Free Cash Flow
FIGR
FIGR
POWL
POWL
Q4 25
$41.6M
Q3 25
$59.3M
Q2 25
$42.3M
Q1 25
$18.3M
Q4 24
$34.9M
Q3 24
$-14.4M
Q2 24
$12.4M
Q1 24
$16.1M
FCF Margin
FIGR
FIGR
POWL
POWL
Q4 25
16.6%
Q3 25
19.9%
Q2 25
14.8%
Q1 25
6.6%
Q4 24
14.4%
Q3 24
-5.3%
Q2 24
4.3%
Q1 24
6.3%
Capex Intensity
FIGR
FIGR
POWL
POWL
Q4 25
0.8%
Q3 25
0.6%
Q2 25
1.8%
Q1 25
1.5%
Q4 24
0.9%
Q3 24
3.1%
Q2 24
0.5%
Q1 24
0.4%
Cash Conversion
FIGR
FIGR
POWL
POWL
Q4 25
1.05×
Q3 25
0.55×
1.19×
Q2 25
0.98×
Q1 25
0.48×
Q4 24
1.07×
Q3 24
-0.13×
Q2 24
0.30×
Q1 24
0.51×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

POWL
POWL

Oil And Gas Service$97.9M39%
Electricity$69.3M28%
Commercial And Other Industrial$40.6M16%
Petrochemical$22.8M9%
Other Customers$12.0M5%
Light Rail Traction Power Customer$8.6M3%

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